Professional assistance for transferring tax residency to Italy
Table of Contents
Studiosavia assists individuals with significant wealth who intend to transfer their tax residency to Italy, with particular attention to planning the entry, correctly structuring the new tax setup, and coordinating asset-related and international matters, including the advantages available under Italy’s new resident regime.
The service is aimed at clients who wish to evaluate Italy’s new resident regime and organize an orderly transition to Italy, with a preliminary analysis of their personal, financial, and income situation.
When this service is particularly useful
The service is particularly useful when the transfer of tax residency to Italy involves individuals with substantial wealth, significant foreign income, complex asset structures, or interests spread across multiple jurisdictions.
In these cases it is essential to correctly set up:
- verification of the requirements for the transfer;
- assessment of the applicable tax regime in Italy;
- coordination with the country of origin;
- management of the asset, succession, and organizational aspects connected to the change of residence.
For anyone considering a transfer, it is essential to consider Italy’s new resident regime in order to optimize the overall tax burden.
The new-resident regime
For transfers of residency to Italy carried out from 1 January 2026, the new-resident regime provides, where the legal requirements are met, an annual flat substitute tax of €300,000 on income produced abroad, with the possibility of extending it to family members through a substitute tax of €50,000 for each family member included in the option. Full details of the option are available on the official page of the Agenzia delle Entrate on the neo-resident regime.
However, the assessment of the regime cannot be approached in an automatic or standardized way. It is necessary to carefully analyze the client’s position, the source of the income, the structure of the estate, prior tax residency, which countries of income production to consider and which to exclude, the advantages of cherry-picking, and the overall impact of the transfer.
Clients coming from the United Kingdom
The service is also particularly relevant for individuals who intend to transfer their tax residency to Italy after a period of residence or establishment in the United Kingdom.
In these cases it is advisable to assess in a coordinated manner:
- exit from UK tax residency;
- the start date of Italian tax residency;
- the correct treatment of foreign income and assets;
- the possible effects of the transfer on personal, family, and estate matters.
The goal is to build an orderly transition, avoiding inconsistencies, overlaps, or issues when entering Italy.
How we assist the client
Studiosavia supports the client in the preliminary assessment of the transfer of tax residency to Italy, offering professional support aimed at correctly structuring the process and ensuring the sustainability of the new setup over time.
This assistance is developed with attention to:
- tax residency;
- foreign income;
- personal and family assets;
- ownership structures and investments;
- coordination with foreign professionals, where necessary;
- organization of the move to Italy.
Who the service is for
Holders of substantial wealth
For clients with significant foreign income, shareholdings, international investments, or complex asset structures.
Individuals transferring their residency to Italy
For those who wish to properly plan their tax entry into Italy and evaluate the new resident regime.
Clients with interests connected to the United Kingdom
For those who need a coordinated approach between exiting UK tax residency and establishing new Italian tax residency.
Families wishing to extend the regime
For clients who are also considering extending the option to family members, with an analysis of the related effects and overall benefits.
What the service includes
- preliminary analysis of the client’s personal and tax position;
- assessment of eligibility for the new resident regime;
- review of foreign income and assets;
- analysis of the family situation for a possible extension of the regime;
- support in coordinating the transfer process;
- assistance in reviewing Italy/abroad matters;
- coordination with other professionals involved in the process;
- support in structuring the new tax setup in Italy.
How the process works
1. Initial analysis
We assess the client’s situation, country of origin, asset structure, foreign income, and the objectives of the transfer.
2. Verification of the applicable regime
We examine the requirements for access to the new resident regime and the suitability of the solution for the specific case.
3. Planning the transfer
We organize the process in an orderly manner, with particular attention to the start date of Italian tax residency and coordination with the foreign situation.
4. Operational assistance
We support the client during the implementation of the transfer and in defining the new tax and asset setup in Italy.
Frequently asked questions
Does the new-resident regime currently provide for a substitute tax of €300,000? What about before?
Yes. For transfers of residency to Italy carried out from 1 January 2026, the rules provide for an annual substitute tax of €300,000 on foreign income. The tax has increased from €100,000, then to €200,000, and now to €300,000. Those who opted in at €100,000 continue to pay €100,000, so it is worth taking advantage before further increases, given how successful the regime has been.
Is it possible to extend the regime to family members?
Yes. The rules allow the option to be extended to family members, with a substitute tax of €50,000 for each family member included.
Does a transfer from the United Kingdom require a specific assessment?
Yes. In cases connected to the United Kingdom, it is advisable to carefully assess the exit phase, the start date of Italian tax residency, and proper coordination of the foreign position.
Is the new-resident regime suitable for any taxpayer transferring to Italy?
No. It is a regime that requires a preliminary assessment of the individual’s personal, asset, and income situation, in order to correctly verify the requirements, the benefits, and the overall sustainability.
Evaluate the transfer of residency to Italy with us
If you intend to transfer your tax residency to Italy and wish to evaluate the new resident regime in relation to your wealth, foreign income, and family situation, you can contact us for an initial review of your case.
For French clients with substantial wealth, a dedicated page in French is also available: Résidence fiscale en Italie pour les grandes fortunes françaises.